If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business - Lee Kuan Yew
The fast changes in the corporate landscape motivate businesses to search for options that accommodate their continuous expansion. But this also means spending more money on infrastructure and technology.
That is why businesses are now breaking all boundaries when looking for the best. They are overcoming the challenges by outsourcing their tasks to gain a competitive edge. Offshore development services are a great option to accommodate the scalability of your venture. Read below to know what makes them the right choice.
37% of small businesses outsource at least one business process.
Offshore development is a great way to add more efficiency to the development process without compromising its quality or exceeding your budget. It lets you hire a remote team overseas to outsource part of your project.
This means you can hire offshore mobile development services to develop a mobile app for your venture without worrying about hiring developers or investing in software and infrastructure. Offshore development also gives the freedom to choose among different models like the ones below:
A fixed-cost model is one where the service providers quote a fixed price for the project, task, or process. This is the right choice for businesses that understand their requirements clearly and are familiar with their development process.
A time-based model is another option where the team quotes an hourly price. The final amount is then paid according to the total time required for completion.
Further, while looking for a team, you can hire a virtual team in the same country as you (onshore outsourcing) or near you (nearshore outsourcing). Hiring from a country far from yours with a different time zone and on a different continent is called offshore outsourcing.
Software development is an intricate process with so many options. However, the good news is that you do not have to limit yourself to achieve the desired results. Whenever you choose offshore development, you also get to choose among the services you need.
Offshore development services help you focus on the tasks that contribute to your growth, while the remote team develops the product. This also makes things easier by cutting down the development time.
That is why it is necessary to be careful while picking an offshore development company. Some offshore software development services that businesses look for include:
When you hire an offshore team, you get access to a greater skill set without worrying about exceeding your budget. There are some other benefits to hiring an offshore development team.
Faster project development
When you go for offshore development services, you add more developers to the team. This will inevitably reduce the workload of your existing team and speed up the work without compromising quality.
Low development risk
When you hire an offshore team, they are accountable for the coding process of your project. This also includes fixing any potential bugs or errors. They are the ones involved in the testing process. So you can relax while they ensure an error-free product for you.
Broader skill set
When hiring an offshore team, you have access to global talent. This means you can choose the best professionals for your project. Moreover, since an additional team is available full-time, you do not have to worry about hiring different individuals for every stage.
When you hire an offshore team, you outsource part of the development to a remote team. So you do not have to juggle between tasks. You can focus on other tasks that need your attention. Since you can focus without overburdening your team, this cuts down the time to market.
Cost is an important factor businesses consider at each step. The ROI of the project determines its success. Hiring an offshore team is a cost-effective way to build scalable solutions without adding permanent costs to your expenditure.
Hiring the right offshore development services is crucial for the success of your business. That is why, when hiring an offshore team, it is essential to carefully look at what they are offering, their views, ethics, and technology expertise. The first thing that matters is their technical expertise and experience in your niche or similar projects. This will make it easier for them to understand your goals and requirements.
Technology expertise is a nonnegotiable parameter when looking for an offshore development team. You would expect technology experts to get the best results. Additionally, look at their past work, case studies, and client reviews to see their client handling and success rate.
Another thing to consider when hiring an offshore team is their communication process with your team and their openness to your feedback. When a remote team gives constant updates and is open to your suggestions, it ensures a flawless software development process.
Offshore development is hands-down the best choice for businesses planning to expand. This makes it easier to focus on growth strategies while a remote team looks after the development or design team for you. Moreover, it focuses on building, operating, and transferring to give you complete control over your product. You get access to excess global talent without investing in setting up physical infrastructure and devices.